What is the book value per share of equity for a firm with $1 million in net common equity,$50,000 in authorized share capital,25,000 shares issued,and 20,000 shares outstanding?
A) $38.00
B) $40.00
C) $47.50
D) $50.00

Name: What is the book value per share of equity for a firm with $1 million in net common equity,$50,000 in authorized share capital,25,000 shares issued,and 20,000 shares outstanding? A) $38.00 B) $40.00 C) $47.50 D) $50.00
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Question

Quizplus · Accepted Answer

Book value per share = $1m / 20,000 = $50

What Is the Book Value Per Share of Equity for a Firm